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BAE Systems says Indian, U.S. governments clear M777 artillery gun deal

Reuters - UK Focus

LONDON, Nov 30 (Reuters) - BAE Systems (LSE: BA.L - news) said on Wednesday it expected to sign a contract with the U.S. Department of Defense to supply M777 Howitzers to the Indian Army after both governments cleared the deal.

India's defence procurement agency agreed a proposal to buy 145 of the artillery guns in June in a deal worth an estimated $750 million.

BAE Systems also said it had won a seven-year contract from the U.S. Army worth up to $384 million to provide specialized weapon sights.

(Reporting by Paul Sandle; editing by Kate Holton)